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Bitcoin traders hit peak unrealized pain as ETFs start to turn positive

Bitcoin traders are facing the most pressure of this cycle in terms of unrealized losses, but analysts argue that ETFs only accounted for a maximum of 3% the recent selling pressure.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin traders hit peak unrealized pain as ETFs start to turn positive

Bitcoin traders are facing the most pressure of this cycle in terms of unrealized losses, but analysts argue that ETFs only accounted for a maximum of 3% the recent selling pressure.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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